The money market reference rates for the euro.
Since the 1st of January 1999, Europe has a new currency, the euro.
To date, 19 countries of the European Union have adopted the euro.
I Year Euribor annual rate
The benchmarks for the money and capital markets in the euro zone
are EURIBOR and Eonia.
Euribor (Euro Interbank Offered Rate) is the rate at which euro
interbank term deposits within the Euro Area are offered by one
prime bank to another prime bank.
Eonia (Euro Overnight Index Average) is an effective overnight rate
computed as a weighted average of all overnight unsecured lending
transactions in the interbank market, initiated within the euro area
by the contributing panel banks.